Hackers are Getting More Sophisticated

“This scam reflects the increasing technical sophistication of computer hackers and all home buyers and sellers are potential victims.”

~Marcia Waters~

Buyers and sellers can take just five minutes by reading the below tips to protect themselves from becoming a victim of wire fraud:

Verbally Contact Your Broker

Prior to wiring any money, you should always verbally contact your real estate broker to confirm that the wiring information is accurate. Do not rely on telephone numbers or website addresses provided within an unverified email.

Do Not Email Financial Information

Emails and texts are not secure methods to transmit financial information.

Keep a Record of Websites That Hold Your Financial Information

And before providing that information, confirm that the websites in which you input financial information are secure. Look for the URL to start HTTPS, the “S” stands for secure.

Don’t Click on Links

Don’t use links to get to websites. Instead, search and find the company and directly link to their website from your search.